₦airaland Forum

President Bola Ahmed Tinubu Thursday in Paris – France said ongoing reforms, starting with removal of fuel subsidy and streamlining of exchange rate, will be sustained for a more competitive economy that attracts Foreign Direct Investment (FDI), urging investors to take advantage of opportunities in Nigeria.

“We are ready for business, prepared to welcome investments,’’ he said, while receiving President and Chairman of the Board of Directors of African Export-Import Bank (Afrexim), Prof. Benedict Oramah and President of European Bank for Reconstruction and Development (EBRD), Odile Renaud–Basso, in separate meetings, on the sidelines of the Summit for New Global Financing Pact.

The President assured the delegation of AfreximBank Executives led by Dr Oramah that the Federal Government will continue to stimulate the economy with policies that support investments in areas of Nigeria’s competitive advantage, particularly agriculture.

“We need reforms for national survival,’’ he added, noting that it would take boldness and courage to reposition the economy, calling for more collaboration to solidify the economy.

“We must stimulate recovery for the growth and prosperity of our people, which will not be far away. Nigeria is ready for global business and our reform is total.

“Nigeria is blessed with human and material resources,’’ President Tinubu told the delegation, who had earlier listed areas of interventions to buoy the economy, like infrastructure, health, energy and agriculture.

The President of AfreximBank commended President Tinubu for the bold steps in removing the fuel subsidy and unification of the exchange rate, assuring the Nigerian leader of the full support of the financial and development institution on the ongoing reforms.

Dr Oramah said the bank was already building the first African Specialist Hospital in Abuja, and Energy Bank, pledging to inject more money into the economy to further build confidence of investors.

Senioreddy:
Nice statement from the president.
However, my main concern is how do you intend to go about it?
What's your laid down plan towards achieving this. Are you going to provide a tax Haven, free trade zone and secured environment? Because these are the things that will lure investors in.

Ofunaofu:
Really!

Tell me what is nice about the statement

In two years time come back to this thread and tell us how many businesses were attracted through that "nice" statement

Ofunaofu:
Really!

Tell me what is nice about the statement

In two years time come back to this thread and tell us how many businesses were attracted through that "nice" statement

Ofunaofu:
Really!

Tell me what is nice about the statement

In two years time come back to this thread and tell us how many businesses were attracted through that "nice" statement

Lanre4uonly:
Nice one.
Good people, great nation.
May God continue to bless Nigeria and Nigerians.

Kay25:
They ain't talking about Igbo trading business economics here.. this is advance economic policies that we talking about